| http://www.w3.org/ns/prov#value | - nes of CreditHow is equity determined?Your home equity is determined as the current market value of your home less any mortgage debt remaining on your home.How can a home equity loan help when consolidating debts?If you have balances on your credit cards, an auto or boat loan, or other personal loans, it usually makes sense to use your home equity loan to pay off these balances.
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